Qualified Dividends Tax Worksheet

Qualified Dividends Tax Worksheet—Schedule G, Part I, Line 1a

Keep for Your Records

Caution: Don’t use this worksheet if the estate or trust must complete Schedule D (Form 1041).
1.

Enter the amount from Form 1041, line 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2.

Enter the amount from Form 1041, line 2b(2) . . . . . . . .

3.
4.

If you are claiming investment interest expense on Form
4952, enter the amount from line 4g; otherwise,
enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
Subtract line 3 from line 2. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . .

4.

5.

Subtract line 4 from line 1. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . .

5.

6.

Enter the smaller of the amount on line 1 or $2,800

6.

7.

Enter the smaller of the amount on line 5 or line 6 . . . . . . . . . . . . . . . . . . . . . .

1.

2.

....................

8.

7.
Subtract line 7 from line 6. If zero or less, enter -0-. This amount is taxed at 0% . . . . . . . . . . . . . . . .

9.

Enter the smaller of line 1 or line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.

8.

9.
Subtract line 8 from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.
Enter the smaller of line 1 or $13,700 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.
Add lines 5 and 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.
Subtract line 12 from line 11. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . 13.
Enter the smaller of line 10 or line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.
Multiply line 14 by 15% (0.15) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.
Enter the amount from line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16.
Add lines 8 and 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17.
Subtract line 17 from line 16. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . 18.
Multiply line 18 by 20% (0.20) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19.
Figure the tax on the amount on line 5. Use the 2022 Tax Rate Schedule . . . . . . . . . . . . . . . . . . . . . 20.
Add lines 15, 19, and 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21.
Figure the tax on the amount on line 1. Use the 2022 Tax Rate Schedule . . . . . . . . . . . . . . . . . . . . . 22.
Tax on all taxable income. Enter the smaller of line 21 or line 22 here and on
Schedule G, line 1a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23.

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Instructions for Form 1041 (2022)